Lundin Petroleum AB announced Monday that its wholly owned subsidiary, Lundin Malaysia BV, has spud the Imbok-1 exploration well located in Blocks SB307 and SB308, offshore East Malaysia.
The well, which will be drilled using the West Prospero (400’ ILC) to a total depth of approximately 5,570 feet below mean sea level, will target hydrocarbons in Miocene aged sands. Drilling operations at Imbok-1 are expected to take approximately 30 days to complete.
Lundin Malaysia holds an 85 percent working interest in SB307 and SB308. Petronas Carigali Sdn Bhd holds the remaining 15 percent working interest. Lundin Malaysia operates seven blocks in Malaysia, namely PM307, PM319, PM308A, PM308B, PM328, SB307/308 and SB303.
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